Strategic Product Development Specialist
2 days ago
Job Overview
We are seeking a highly skilled Strategic Product Development Specialist to join our team at Top Talent Professional Services. As a key member of our marketing team, you will be responsible for developing and executing strategies that drive product growth and innovation.
About the Role
The successful candidate will have a strong background in marketing and product development, with a proven track record of launching new products and managing existing brands. You will work closely with our cross-functional team to identify market gaps and trends, develop portfolio and category strategies, and manage budgets to ensure alignment with sales and finance objectives.
Key Responsibilities
- Market and demand analysis by identifying market gaps, trends, competitor analysis, and formulating plans to penetrate gaps.
- Develop portfolio and category strategies that align with business objectives and key principles.
- Manage budgets and continuously track spends to ensure they are aligned with sales and finance.
- Drive the innovation pipeline through extensive sourcing efforts and monitor product life cycles.
- Achieving sales targets through budget and demand planning.
- Evaluating business risks and implementing adequate plans and strategies to mitigate such risks.
- Outside-the-box thinking to ensure product placement and brand equity is not only maintained but enhanced through the marketing mix.
- Assist the marketing team to perform under difficult economic climates and assist the team to find new and innovative ways to be proactive in finding solutions to challenges in the short and long term.
Negotiations:
- International trade buying and negotiations with suppliers both locally and internationally.
- Evaluation and correspondence with local and international suppliers including exclusivity, pricing, guarantee, and supplier agreement negotiation. Address out-of-stocks, quality issues, and all other product-related aspects with suppliers.
Salary: R40 - R50 kpm
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